June 28, 2021
Last week, Buzzfeed planned to be acquired by 890 Fifth Avenue Partners, a SPAC, in a deal that values the company at $1.5 billion. The company also acquired Complex Networks, a digital publisher that specializes in content for Gen Z and Millennials , for $300 million.
Confluent raised $828 million in its IPO at roughly $9 billion valuation.
Robinhood’s IPO was delayed due to the SEC investigation of its growing crypto business.
Quanergy planned to be acquired by CITIC Capital Acquisition Corp, a SPAC, in a deal that values the company at $1.4 billion.
Wise (formerly TransferWise) confirmed that they will be performing a direct listing on the London Stock Exchange in early July at a valuation between $6 billion and 7 billion.